DBBM apartment loan.
Deutsche Bank Deutsche Bank AG (IPA: /'dɔɪ.tʃə/[1]) (ISIN: DE0005140008, NYSE: DB) (English: German Bank Berkshire Berkshire (bärk`shĭr, –shər, bûrk`–) or Berks (bärks, bûrks), former county, S central England. Mortgage (DBBM) recently provided an $11.8
million Freddie Mac Freddie Mac: see Federal Home Loan Mortgage Corporation. loan for the acquisition of Paseo Park Apartments, a
134-unit apartment community located in Fremont, Ca.
The loan was structured to be a 7.5 year fixed rate plus one year
variable rate financing. The new owner will reposition the property from
a class C asset to class B.
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